PropTech and the Future of Work

Teresa Lee
Round Hill Ventures
2 min readSep 13, 2021

In Round Hill Venture’s newest white paper, we explore the long-term impacts of COVID-19 on the way we work. How will PropTech solutions help us overcome new challenges in the hybrid working environment?

Read the full paper here, but below are…

5 Key Takeaways

  1. The future of work will be a satellite setting of a hybrid
    workforce
    , which works remotely from co-working spaces, home
    offices, other off-site locations or on-site at corporate HQs. The
    role of large, central HQs will be reduced and replaced with a
    smaller HQ and a hub-and-spoke model with satellite offices or
    co-working spaces.
  2. Tech-solutions will be key to managing office assets and likewise
    working practices in the future of work:
    A) Managing and load balancing office space in a hybrid working
    environment
    B) Equalizing hybrid working styles to overcome disadvantages
    for remote workers
  3. The mix of office options will be dependent on industry,
    company, team culture, and individual responsibilities
  4. Asset owners and office landlords will have to adapt their offer
    - by providing Space-as-a-Service and flexible lease options to
    match new demands and working trends
  5. Power dynamics have changed: Tenants have a strong say in what
    the office and working practices will look like. Offices now need
    to appeal to both the company (ESG & smart building data) and
    the end user (ease of commuting location, greater flexibility &
    quality of experience). Less commuting has also a strong impact
    on decarbonization

Read the full paper on our website here.

With start-ups in the Future of Work space equalling 18 IPOs, 27 Unicorns, $35 billion of funding, and 5% equity share of all global VC funding in the past three years, this is surely an area to watch. If you are a founder in this space, do not hesitate to reach out to discuss more!

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Teresa Lee
Round Hill Ventures

PropTech VC — late-seed to Series B companies touching the future of the built environment. Passionate about real estate, start-ups, travel, and sustainability.